Special Valuation Branch registration required for related party imports; provisional deposits and documentary compliance govern valuation investigations. A new Special Valuation Branch at Bangalore will investigate valuation of imports from related suppliers and under collaboration or technical agreements. Appraising Groups refer suspected related party cases to SVB, which issues provisional assessment circulars and questionnaires; importers must execute provisional bonds, deposit extra duty and furnish detailed documentary replies. SVB examines records, may call for additional information and hearings, issues Order in Original to finalize valuation, and handles renewals and appeals to the Commissioner (Appeals).
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Special Valuation Branch registration required for related party imports; provisional deposits and documentary compliance govern valuation investigations.
A new Special Valuation Branch at Bangalore will investigate valuation of imports from related suppliers and under collaboration or technical agreements. Appraising Groups refer suspected related party cases to SVB, which issues provisional assessment circulars and questionnaires; importers must execute provisional bonds, deposit extra duty and furnish detailed documentary replies. SVB examines records, may call for additional information and hearings, issues Order in Original to finalize valuation, and handles renewals and appeals to the Commissioner (Appeals).
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